ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

Note 14 - Accumulated Other Comprehensive Loss - Components and Changes in Accumulated Other Comprehensive Loss (Details)

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Note 14 - Accumulated Other Comprehensive Loss - Components and Changes in Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Balance $ 3,394 $ 3,478 $ 3,990 $ 3,840 $ 3,478 $ 3,840
Other comprehensive (loss) income, net of tax (24) (23) (40) 127 (47) 87
Balance 3,336 3,394 3,846 3,990 3,336 3,846
ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance 3,403 3,491 4,002 3,852 3,491 3,852
Other comprehensive (loss) income, net of tax (24) (23) (41) 128 (47) 87
Balance 3,345 3,403 3,856 4,002 3,345 3,856
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance Ìý (614) [1] Ìý (648) [2] (614) [1] (648) [2]
Other comprehensive (loss) income before reclassifications, gross Ìý Ìý Ìý Ìý (64) [1] (20) [2]
Tax impact Ìý Ìý Ìý Ìý 0 [1] 0 [2]
Amounts reclassified from accumulated other comprehensive loss, gross [3] Ìý Ìý Ìý Ìý 0 [1] 28 [2]
Tax impact Ìý Ìý Ìý Ìý 0 [1] (1) [2]
Other comprehensive (loss) income, net of tax Ìý Ìý Ìý Ìý (64) [1] 7 [2]
Balance (678) [1] Ìý (641) [2] Ìý (678) [1] (641) [2]
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest [Member] | ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance Ìý (619) [4] Ìý (653) [5] (619) [4] (653) [5]
Other comprehensive (loss) income before reclassifications, gross Ìý Ìý Ìý Ìý (64) [4] (20)
Tax impact Ìý Ìý Ìý Ìý 0 [4] 0 [5]
Amounts reclassified from accumulated other comprehensive loss, gross [3] Ìý Ìý Ìý Ìý 0 [4] 28 [5]
Tax impact Ìý Ìý Ìý Ìý 0 [4] (1) [5]
Other comprehensive (loss) income, net of tax Ìý Ìý Ìý Ìý (64) [4] 7 [5]
Balance (683) [4] Ìý (646) [5] Ìý (683) [4] (646) [5]
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance Ìý (656) [6] Ìý (652) [7] (656) [6] (652) [7]
Other comprehensive (loss) income before reclassifications, gross Ìý Ìý Ìý Ìý 2 [6] (24) [7]
Tax impact Ìý Ìý Ìý Ìý 0 [6] 2 [7]
Amounts reclassified from accumulated other comprehensive loss, gross [8],[9] 7 Ìý 5 Ìý 13 [3],[6] 77 [3],[7]
Tax impact [8],[9] 0 Ìý 1 Ìý (1) [6] 25 [7]
Other comprehensive (loss) income, net of tax Ìý Ìý Ìý Ìý 14 [6] 80 [7]
Balance (642) [6] Ìý (572) [7] Ìý (642) [6] (572) [7]
Accumulated Defined Benefit Plans Adjustment Including Portion Attributable to Noncontrolling Interest [Member] | ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance Ìý (632) [10] Ìý (628) [11] (632) [10] (628) [11]
Other comprehensive (loss) income before reclassifications, gross Ìý Ìý Ìý Ìý 2 [10] (24)
Tax impact Ìý Ìý Ìý Ìý 0 [10] 2 [11]
Amounts reclassified from accumulated other comprehensive loss, gross [8],[12] 7 Ìý 5 Ìý 13 [3],[10] 77 [3],[11]
Tax impact [8],[12] 0 Ìý 1 Ìý (1) [10] 25 [11]
Other comprehensive (loss) income, net of tax Ìý Ìý Ìý Ìý 14 [10] 80 [11]
Balance (618) [10] Ìý (548) [11] Ìý (618) [10] (548) [11]
Accumulated Other Comprehensive Income, Other, Net, Including Portion Attributable to Noncontrolling Interest [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance Ìý (3) Ìý 7 (3) 7
Other comprehensive (loss) income before reclassifications, gross Ìý Ìý Ìý Ìý 3 0
Tax impact Ìý Ìý Ìý Ìý 0 0
Amounts reclassified from accumulated other comprehensive loss, gross [3] Ìý Ìý Ìý Ìý 0 0
Tax impact Ìý Ìý Ìý Ìý 0 0
Other comprehensive (loss) income, net of tax Ìý Ìý Ìý Ìý 3 0
Balance 0 Ìý 7 Ìý 0 7
Accumulated Other Comprehensive Income, Other, Net, Including Portion Attributable to Noncontrolling Interest [Member] | ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance Ìý (7) Ìý 3 (7) 3
Other comprehensive (loss) income before reclassifications, gross Ìý Ìý Ìý Ìý 3 0
Tax impact Ìý Ìý Ìý Ìý 0 0
Amounts reclassified from accumulated other comprehensive loss, gross [3] Ìý Ìý Ìý Ìý 0 0
Tax impact Ìý Ìý Ìý Ìý 0 0
Other comprehensive (loss) income, net of tax Ìý Ìý Ìý Ìý 3 0
Balance (4) Ìý 3 Ìý (4) 3
Accumulated Other Comprehensive Income (Loss), Unconsolidated Affiliates Including Portion Attributable to Noncontrolling Interest [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance Ìý (1,273) Ìý (1,293) (1,273) (1,293)
Other comprehensive (loss) income before reclassifications, gross Ìý Ìý Ìý Ìý (59) (44)
Tax impact Ìý Ìý Ìý Ìý 0 2
Amounts reclassified from accumulated other comprehensive loss, gross [3] Ìý Ìý Ìý Ìý 13 105
Tax impact Ìý Ìý Ìý Ìý (1) 24
Other comprehensive (loss) income, net of tax Ìý Ìý Ìý Ìý (47) 87
Balance (1,320) Ìý (1,206) Ìý (1,320) (1,206)
Accumulated Other Comprehensive Income (Loss), Unconsolidated Affiliates Including Portion Attributable to Noncontrolling Interest [Member] | ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance Ìý (1,258) Ìý (1,278) (1,258) (1,278)
Other comprehensive (loss) income before reclassifications, gross Ìý Ìý Ìý Ìý (59) (44)
Tax impact Ìý Ìý Ìý Ìý 0 2
Amounts reclassified from accumulated other comprehensive loss, gross [3] Ìý Ìý Ìý Ìý 13 105
Tax impact Ìý Ìý Ìý Ìý (1) 24
Other comprehensive (loss) income, net of tax Ìý Ìý Ìý Ìý (47) 87
Balance (1,305) Ìý (1,191) Ìý (1,305) (1,191)
AOCI Attributable to Noncontrolling Interest [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance Ìý 28 Ìý 25 28 25
Other comprehensive (loss) income before reclassifications, gross Ìý Ìý Ìý Ìý (1) 6
Tax impact Ìý Ìý Ìý Ìý 0 0
Amounts reclassified from accumulated other comprehensive loss, gross [3] Ìý Ìý Ìý Ìý 0 0
Tax impact Ìý Ìý Ìý Ìý 0 0
Other comprehensive (loss) income, net of tax Ìý Ìý Ìý Ìý (1) 6
Balance 27 Ìý 31 Ìý 27 31
AOCI Attributable to Noncontrolling Interest [Member] | ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance Ìý 28 Ìý 25 28 25
Other comprehensive (loss) income before reclassifications, gross Ìý Ìý Ìý Ìý (1) 6
Tax impact Ìý Ìý Ìý Ìý 0 0
Amounts reclassified from accumulated other comprehensive loss, gross [3] Ìý Ìý Ìý Ìý 0 0
Tax impact Ìý Ìý Ìý Ìý 0 0
Other comprehensive (loss) income, net of tax Ìý Ìý Ìý Ìý (1) 6
Balance 27 Ìý 31 Ìý 27 31
AOCI Attributable to Parent [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance (1,269) (1,245) (1,143) (1,268) (1,245) (1,268)
Other comprehensive (loss) income before reclassifications, gross Ìý Ìý Ìý Ìý (60) (38)
Tax impact Ìý Ìý Ìý Ìý 0 2
Amounts reclassified from accumulated other comprehensive loss, gross [3] Ìý Ìý Ìý Ìý 13 105
Tax impact Ìý Ìý Ìý Ìý (1) 24
Other comprehensive (loss) income, net of tax (24) (24) (32) 125 (48) 93
Balance (1,293) (1,269) (1,175) (1,143) (1,293) (1,175)
AOCI Attributable to Parent [Member] | ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International LLC [Member] Ìý Ìý Ìý Ìý Ìý Ìý
Balance (1,254) (1,230) (1,127) (1,253) (1,230) (1,253)
Other comprehensive (loss) income before reclassifications, gross Ìý Ìý Ìý Ìý (60) (38)
Tax impact Ìý Ìý Ìý Ìý 0 2
Amounts reclassified from accumulated other comprehensive loss, gross [3] Ìý Ìý Ìý Ìý 13 105
Tax impact Ìý Ìý Ìý Ìý (1) 24
Other comprehensive (loss) income, net of tax (24) (24) (33) 126 (48) 93
Balance $ (1,278) $ (1,254) $ (1,160) $ (1,127) $ (1,278) $ (1,160)
[1] Amounts are net of tax of $56 million for both June 30, 2024 and January 1, 2024.
[2] Amounts are net of tax of $56 million and $55 million as of June 30, 2023 and January 1, 2023, respectively.
[3] See table below for details about these reclassifications.
[4] Amounts are net of tax of $43 million for both June 30, 2024 and January 1, 2024.
[5] Amounts are net of tax of $43 million and $42 million for June 30, 2023 and January 1, 2023, respectively.
[6] Amounts are net of tax of $66 million and $67 million as of June 30, 2024 and January 1, 2024, respectively.
[7] Amounts are net of tax of $58 million and $31 million as of June 30, 2023 and January 1, 2023, respectively.
[8] Details of amounts reclassified from accumulated other comprehensive loss relate only to pension and other postretirement benefits.
[9] These accumulated other comprehensive loss components are included in the computation of net periodic pension costs. See “Note 12. Employee Benefit Plans.�
[10] Amounts are net of tax of $90 million and $91 million as of June 30, 2024 and January 1, 2024, respectively.
[11] Amounts are net of tax of $82 million and $55 million as of June 30, 2023 and January 1, 2023, respectively.
[12] Pension and other postretirement benefits amounts in parentheses indicate credits on our condensed consolidated statements of operations.